In a Handelsblatt interview, rare‑earth trader Andreas Kroll said that US and Japanese buyers are rapidly purchasing available rare‑earth supplies, describing the market as being 'bought empty'. Rare earths are essential inputs for high‑tech magnets used in wind turbines, electric vehicles and defense systems; a sudden drawdown raises concerns about supply bottlenecks and price volatility. Who is involved: Andreas Kroll (rare‑earth trader), US and Japanese industrial buyers, and sectors dependent on rare‑earth materials.. Likely next: Market participants may accelerate stockpiling, governments could review export controls, and companies might seek alternative materials or domestic processing capacity.. Andreas Kroll, a rare‑earth trader with over a decade of experience, told Handelsblatt that US and Japanese buyers are rapidly purchasing available supplies, leaving the market ‘bought empty’. He emphasized that while many industries depend heavily on these materials, the situation is remediable through diversification, recycling and new supply sources. The interview highlights growing geopolitical and supply‑chain pressure on critical minerals used in magnets, batteries and defense systems.
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